2450 & 2452 BAYVIEW AVENUE, TORONTO DEVELOPMENT OPPORTUNITY LAWRENCE AVE E POST RD THE BRIDLE PATH BAYVIEW RIDGE BAYVIEW AVE BRIDLE PATH | SUNNYBROOK | YORK MILLS 2450 & 2452 BAYVIEW AVENUE, TORONTO DEVELOPMENT OPPORTUNITY ABOUT THE OFFERING CBRE’s Land Services Group is pleased to offer for sale a 100% freehold interest in 2450 & 2452 Bayview Avenue (known collectively as the YONGE ST “Site” or “Property”) in the City of Toronto. Situated on 1.37 acres, the Site is ideally located along Bayview Avenue within one of Toronto’s most LAWRENCE AVE exclusive communities, being only minutes to the Bridle Path - one of Canada’s most prestigious neighbourhoods. The Property benefits from Canada’s International School a desirable lot configuration for infill development with the opportunity to construct luxury residential that upholds this desirable part of the city. With approximately 257 ft. of frontage along Bayview Avenue, a depth of 220 ft. Granite Club and four existing curb cuts off Bayview Avenue allowing for multiple access points, the Site provides an optimal layout for residential development. Crescent School Rosedale Golf Club The Site is designated Neighbourhoods as per the City of Toronto Official Plan, which permits a maximum height of 4 storeys. Properties that are designated Neighbourhoods allow for various built forms, POST RD including detached, semi-detached houses, townhouses as well as interspersed existing walk-up apartments that are 4 storeys or less. The Site provides a significant opportunity for infill development with luxury THE BRIDLE PATH product, including townhouse units or possibly a boutique condominium or seniors housing. Depending on the type of development proposed, Junior Academy an Official Plan Amendment may need to be submitted in addition to a COUNTRY LN Zoning By-Law Amendment. BAYVIEW RIDGE The offering is nestled in one of Toronto’s most coveted neighbourhoods with a proven prime luxury residential market. In addition, the Site is in close proximity to a number of major recreational and institutional uses Canadian Film Centre including Sunnybrook Hospital, Granite Club, York University Glendon BAYVIEW AVE Campus, Edwards Gardens, Crescent School and the Rosedale Golf Club. Sold Out in 2017 PROPERTY INFORMATION Windfields Park PIN(s) 105380095 & 105380096 Total Area 1.37 acres (59,664 sq. ft.) Frontage 257 ft. along Bayview Avenue Depth 220 ft. UNPARALLELED LOCATION OPTIMAL LOT CONFIGURATION AFFLUENT CLOSE PROXIMITY TO Official Plan Neighbourhoods ALONG BAYVIEW AVENUE FOR REDEVELOPMENT DEMOGRAPHICS LUXURY AMENITIES & SERVICES Zoning RD (f18.0; a690) - Residential Detached Zone A significant opportunity for infill development The Site provides just under 60,000 sq. ft. of Within a 2km radius the population is anticipated The Site is nearby a number of major retailers in one of the most sought after communities in area with 257 ft. of frontage along Bayview to grow by 11% by 2025 with average household and institutions including, Shops at Don Mills Both 2450 and 2452 Bayview Avenue have Toronto. The Site provides a purchaser with the Avenue and a depth of 220 ft. making it ideal incomes in excess of $435,000, which is more and Bayview Village, as well as Sunnybrook Existing Conditions existing houses that are vacant. The vendor has prospect of building high-end product, including for infill development. than 63% higher than the City of Toronto’s Hospital and the Granite Club. installed fencing along Bayview Avenue. a variety of townhouse units or potentially average (SiteWise, 2021). seniors housing. NEARBY AMENITIES 6 RETAIL AND GROCERY 4 1. Metro BRIDLE PATH NEIGHBOURHOOD 3 Source: 85thebridlepath.com 2. Loblaws 5 3. Whole Foods 4. Shoppers Drug Mart 5. LCBO 6. Bayview Village Shopping Centre 12 7. Don Mills Shopping Mall 1 B YORK MILLS C PARKS AND RECREATION ACCESS TO SUBWAY LINE 1 9 A 11 GRANITE CLUB 8. Rosedale Golf Club 8 Source: graniteclub.com 9. Windfields Park 2 10 7 10. Granite Club 13 11. Rippleton Park 12. Don Valley Golf Club 14 16 LAWRENCE ACCESS TO SUBWAY LINE 1 INSTITUTIONAL 15 13. Crescent School 17 14 TFS - Canada’s International School ROSEDALE GOLF CLUB 15. Sunnybrook Health Sciences Centre Source: blog.golftown.com 16. York University Glendon Campus 17. Sunny View Junior and Senior Public School EGLINTON ACCESS TO SUBWAY LINE 1 ACTIVE DEVELOPMENT APPLICATIONS 6MIN DRIVE TO 5MIN DRIVE TO Address Date Submitted Type Proposed Development Status Application to permit six 3-storey townhouse units Under Review - 2nd submission 1 Tudor Gate March 2019 ZBLA A with an FSI of 1.19 October 2020 Application to permit seven 3-storey townhouse Under Review - 2nd submission 196 Valley Road June 2019 ZBLA B units with an FSI of 1.34 August 2020 2535-2537 Application to permit 7 townhouse units and 2 Appealed to LPAT in January 2020 - December 2017 ZBLA C Bayview Avenue detached houses with an FSI of 0.71 Hearing will be held in June 2021 SUNNYBROOK HOSPITAL Source: ctvnews.ca YONGE & EGLINTON HIGHWAY 401 ZBLA = Zoning By-Law Amendment © 2021 CBRE Limited. Data © TeleAtlas, Google, AerialExpress, DigitalGlobe, Landiscor, USGS, i-cubed. The information contained herein (the “Information”) is intended for informational purposes only and should not be relied upon by recipients hereof. Although the Information is believed to be correct, its accuracy, correctness or completeness cannot be guaranteed and has not been verified by either CBRE Limited or any of its affiliates (CBRE Limited and its affiliates are collectively referred to herein as “CBRE”). CBRE neither guarantees, warrants nor assumes any responsibility or liability of any kind with respect to the accuracy, correctness, completeness, or suitability of, or decisions based upon or in connection with, the Information. The recipient of the Information should take such steps as the recipient may deem appropriate with respect to using the Information. The Information may change and any property described herein may be withdrawn from the market at any time without notice or obligation of any kind on the part of CBRE. The Information is protected by copyright and shall be fully enforced. Layout ID:L03 MapId:7915077 OFFERING PROCESS CBRE Limited has been retained by the vendor as the exclusive advisor to seek proposals for the disposition of 2450 & 2452 Bayview Avenue, Toronto. The vendor’s objective is to maximize upfront cash sale proceeds and preference will be given to offers with limited (or no) conditionality. Interested purchasers will be required to execute and submit on CBRE’s Confidentiality Agreement (“CA”) prior to receiving the information on the offering. All inquiries regarding the Property or for further information should be directed to the advisors below. DOCUMENT CENTRE • Survey • Realty Taxes CONFIDENTIALITY AGREEMENT Potential purchasers that require access to the Document Centre must complete a CA and return it to: [email protected] BAYVIEW AVENUE OFFER SUBMISSIONS All offers are requested to be submitted to the attention of: Emelie Rowe | [email protected] OFFER SUBMISSION DATE TO BE ANNOUNCED BY ADVISORS ADVISORS Lauren White* Mike Czestochowski** Emelie Rowe* Evan Stewart Senior Vice President Executive Vice President Planner Sales Representative T +1 416 495 6223 T +1 416 495 6257 T +1 416 495 6306 T +1 416 495 6205 [email protected] [email protected] [email protected] [email protected] *Sales Representative **Broker | All outlines are approximate. This disclaimer shall apply to CBRE Limited, Real Estate Brokerage, and to all other divisions of the Corporation; to include all employees and independent contractors (“CBRE”). The information set out herein, CBRE Limited including, without limitation, any projections, images, opinions, assumptions and estimates obtained from third parties (the “Information”) has not been verified by CBRE, and CBRE does not represent, warrant 2005 Sheppard Ave E, Suite 800 or guarantee the accuracy, correctness and completeness of the Information. CBRE does not accept or assume any responsibility or liability, direct or consequential, for the Information or the recipient’s reliance Toronto, Ontario M2J 5B4 upon the Information. The recipient of the Information should take such steps as the recipient may deem necessary to verify the Information prior to placing any reliance upon the Information. The Information may change and any property described in the Information may be withdrawn from the market at any time without notice or obligation to the recipient from CBRE.CBRE and the CBRE logo are the service marks of CBRE Limited and/or its affiliated or related companies in other countries. All other marks displayed on this document are the property of their respective owners. All Rights Reserved. Mapping Sources: www.cbre.ca/mclsg Canadian Mapping Services [email protected]; MapPoint, DMTI Spatial, Environics Analytics, Microsoft Bing, Google Earth 01/2021. Mike Czestochowski** Lauren White* Derek Peacock* Evan Stewart Emelie Rowe* Executive Vice President Senior Vice President Associate Vice President Sales Representative Planner 416 495 6257 416 495 6223 416 495 6237 416 495 6205 416 495 6306 [email protected] [email protected] [email protected] [email protected] [email protected] CONFIDENTIALITY AGREEMENT 2450 & 2452 BAYVIEW AVENUE · TORONTO, ON The undersigned hereby acknowledges that CBRE Limited (“CBRE”); through the Land Services Group, has been retained by the vendor on an exclusive basis to arrange the sale of 2450 & 2452